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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Common Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Balance at Dec. 31, 2023 $ 14,093 $ 122,130 $ 248,550 $ (44,351) $ 340,422
Net Income (Loss)     3,466   3,466
Other comprehensive income (loss), net of income tax benefit       (1,064) (1,064)
Cash dividends declared     (2,893)   (2,893)
Stock compensation, including tax effects and expenses   61     61
Restricted stock issued 29 (29)      
Balance at Mar. 31, 2024 14,122 122,162 249,123 (45,415) 339,992
Balance at Dec. 31, 2023 14,093 122,130 248,550 (44,351) 340,422
Net Income (Loss)         2,411
Other comprehensive income (loss), net of income tax benefit         9,810
Balance at Sep. 30, 2024 19,993 250,578 239,021 (34,541) 475,051
Balance at Mar. 31, 2024 14,122 122,162 249,123 (45,415) 339,992
Net Income (Loss)     3,282   3,282
Other comprehensive income (loss), net of income tax benefit       140 140
Cash dividends declared     (2,894)   (2,894)
Stock compensation, including tax effects and expenses   287     287
Balance at Jun. 30, 2024 14,122 122,449 249,511 (45,275) 340,807
Net Income (Loss)     (4,337)   (4,337)
Other comprehensive income (loss), net of income tax benefit       10,734 10,734
Cash dividends declared     (6,153)   (6,153)
Stock compensation, including tax effects and expenses   319     319
Acquisition of FNCB Bancorp, Inc. 2,935,456 shares, $45.54 per share [1] 5,871 127,810     133,681
Balance at Sep. 30, 2024 19,993 250,578 239,021 (34,541) 475,051
Balance at Dec. 31, 2024 19,995 250,695 238,955 (40,695) 468,950
Net Income (Loss)     15,009   15,009
Other comprehensive income (loss), net of income tax benefit       4,241 4,241
Cash dividends declared     (6,158)   (6,158)
Stock compensation, including tax effects and expenses   (188)     (188)
Restricted stock issued 19 (19)      
Balance at Mar. 31, 2025 20,014 250,488 247,806 (36,454) 481,854
Balance at Dec. 31, 2024 19,995 250,695 238,955 (40,695) 468,950
Net Income (Loss)         47,211
Other comprehensive income (loss), net of income tax benefit         11,519
Balance at Sep. 30, 2025 20,015 250,735 267,686 (29,176) 509,260
Balance at Mar. 31, 2025 20,014 250,488 247,806 (36,454) 481,854
Net Income (Loss)     16,956   16,956
Other comprehensive income (loss), net of income tax benefit       1,466 1,466
Cash dividends declared     (6,161)   (6,161)
Stock compensation, including tax effects and expenses   (19)     (19)
Restricted stock issued 1 (1)      
Balance at Jun. 30, 2025 20,015 250,468 258,601 (34,988) 494,096
Net Income (Loss)     15,246   15,246
Other comprehensive income (loss), net of income tax benefit       5,812 5,812
Cash dividends declared     (6,161)   (6,161)
Stock compensation, including tax effects and expenses   267     267
Balance at Sep. 30, 2025 $ 20,015 $ 250,735 $ 267,686 $ (29,176) $ 509,260
[1] (1) Refer to Note 2 - Business Combination for additional detail.